This is correct, but the law doesn’t do that. It mentions TikTok in the title, but the text describes what is banned in terms of user count and control by a foreign adversary. It would apply to a future product made by a Russian company, for example.
No. It literally says TikTok in the text of the bill. It also has a super broad description of other covered companies. But then also bans TikTok by name. The law is Public Law 118-50. The stuff in Congress is not the end of a bill. It has to go through reconciliation, where it can change, and then it goes to the desk of the president.
Foreign adversary controlled application.—The term “foreign adversary controlled application” means a website, desktop application, mobile application, or augmented or immersive technology application that is operated, directly or indirectly (including through a parent company, subsidiary, or affiliate), by—
(A) any of—
(i) ByteDance, Ltd.;
(ii) TikTok; …
If you care to find it in the statutes at large or USC then have at it. But this is what Biden signed.
I missed that part. Thanks for the correction.
Looking at the court’s opinion (PDF), it appears this case did not raise that issue. I think it’s unlikely it would be considered a bill of attainder because what it does is technically not punishment, but that’s a question for people who know more about law than I do.
A forced sale below market value is absolutely punishment. And being banned is 100% punitive.